We’ve been advising clients, like, don’t look at this as a first 100-day thing. This is going to be the pace for the next three years and 10 months,
Since he knows the administration’s decisionmakers, he can interface with agencies to get results,
There’s always that hope that these won’t last long, and you don’t want to create a big ruckus out of nothing, not for something that could go away quickly,
But that may be wishful thinking,
In the past a lot of the restrictions were focusing on Made in China, and increasingly it is focused on Made by China
Everybody’s hoping that the tariffs that have been implemented are just a negotiation tactic, but the longer they go on, the more they are going to pressure the overall economy and raise prices,
We are on the tariff roller coaster,
The market really wants certainty and it will adjust to whatever they are,
As long as these tariffs are in place, Americans will be forced to pay higher prices on household goods,
The world is long U.S. assets to a degree it has never been before and if they get scared of being on those assets, that will be the single biggest driver of dollar weakness going forward,
The risks to the dollar outlook over the next few months are even-sided. On the one hand, tariffs and elevated geopolitical uncertainty support a stronger dollar. On the other hand, shifts in German fiscal policy and the disruption across multiple fronts pose downside risks. We are therefore neutral,
Market uncertainty surrounding tariffs, inflation, interest rates and government policies ... have led to a disappointing start of the year in investment banking,
There is a strong view that a lot of things around taxes and regulation will go in the right direction, but in the interim, those negotiations can be controversial and complex,
The prospects of higher tariffs and escalating tensions between the U.S. and its trading partners are the top concerns for many U.S. corporate borrowers we rate,
We would be super aggressive on that deal if there wasn't so much uncertainty around tariffs,
All the deals got held off in January and February,
We can't take that risk right now,
If Lutnick's comments about giving relief on tariffs for Canada/Mexico holds, it would ease some of our concerns,
During Trump's first term there was breathless coverage and obsession over tariffs but without any obviously discernible economic impact,
The CHIPS act is a horrible, horrible thing. We give hundreds of billions of dollars and it doesn't mean a thing. They take our money and they don't spend it,